Finra should be monitoring short sellers and hedge funds more closely and more frequently and should be disclosing short positions on at least a t+3 basis including dark pool transactions. Also finra should mandate much more transparency in the market including but not limited to taking away the ability of hedge funds to hide short positions by not accurately disclosing their positions in reports
Short selling to bankrupt a company should be illegal. Not that the legal system does anything about the naked shorting that's being abused. Short selling is essential to the market, but something needs to actually be done to the hedge funds who abuse this system. It's not fair and it's not right.
In observance of Labor Day, FINRA’s Market Transparency Reporting Systems will be closed on Monday, September 5, 2022. Affected applications include:
Alternative Display Facility (ADF)
Over-the-Counter Reporting Facility (ORF)
Trade Reporting and Compliance Engine (TRACE)
FINRA/Exchange Trade Reporting Facilities (TRFs)
As stated in the data feed interface specifications, FINRA
Your proposed regulations of inverse and leveraged funds are unnecessary. The prospectuses already give adequate warning of the risks involved in these investments. Your proposed regulation would prevent people like me from benefiting from the investment strategies offered by inverse and leveraged funds. The use of these types of funds also provide a way for IRAs to short markets. Without these
It is critical for the stability of the US markets and investor confidence that short interest reporting covers every known circumstance where short positions -- synthetic or not -- exists. THE POLICY SHOULD BE COMPREHENSIVE SO THAT NO SHORT POSITION CAN GO UNACCOUNTED FOR. Reporting gaps must be bridged. Policy must be consistently enforced. This is long overdue.
Along with getting updated publicly accessible free short interest daily to level the playing field, hedge funds should have to file their short positions in 13Fs #AMC Naked shorting also needs to be identified and stopped and FTD's need to be purchased. Can't have all these "IOU's"
Cash account investor here. Never touched and option or margin. Recently during the merger between TRCH and MMAT, "somehow" my longs were charged with HTB interest. With how my knowledge of CUSIP works, my longs should have never been labeled as short. With the crazy time it took to finalize the merger, DTC holding back (buying time?) Preferred Shares, HTB interest on longs that should
1.Reduce the reporting period to weekly (or preferably daily) from biweekly. 2.Require that exchanges report failures to deliver and naked shorts alongside covered shorts. 3.Reduce the holding period for reported days from 4 days to 2 or fewer. 4.Document and release the identities of funds that have open short positions and their sizes. This would operate similarly to the way longs and options
Short sale reporting should require actual shares to be in their position to short. Reporting should consolidate every trading day to ensure there is only 100% of the float in circulation. Naked shorting should be a fine at a 15% of the firms last year revenue earned. In addition repeat violations should increase in 30% to impact the firms overall bottom line to ensure it is not the cost of doing
1. Please abolish SHORT SALES 2. If abolishing short sales is not possible, please make the short sale positions of hedge funds and institutions PUBLIC, RELIABLE and Accountable. 3. Please serve the US public and humans across the globe by taking serious action against criminals - not just with a fine of $10,000 for a crime that amount to $1 Billion.
